This is a term frequently used to describe checks made payable to the University of Michigan from a variety of sources that have been turned in (escheated to) the State of Michigan because they have not been cashed.

The State of Michigan attempts to identify the recipient by posting the payees name on their Web site (http://www.michigan.gov/treasury) and periodically advertising in local papers.

The Treasurer’s Office routinely reviews this Web site for a University of Michigan affiliation as payee and submits a request to the State to issue a check to the University. This is a lengthy process and the listing will remain on the Web site until this check is issued.

Once a check is received from the State, it is delivered to Financial Operations – Transaction Services to be credited to the correct University Department. The information available with the check is very limited, and we encourage departments to assist with correctly identifying their checks.

University departments should not contact or attempt to submit a claim directly to the Michigan Department of Treasury. Any inquiries regarding unclaimed property should be submitted to the Treasurer’s Office, Colette Cloyd, 734 764-7225 (colettec@umich.edu).

Inquires concerning checks that the University has issued, but have not been cashed should be directed to Katie Schortgen 734 647-0712 (khoops@umich.edu) in Financial Operations – Transaction Services.